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on in colorado, washington, and oregon. "washington journal" is next5. host: gorning, and welcome to the "washington journal." today is saturday, november 10. we begin this morning by looking at some stories regarding a statement that the president made yesterday in a speech addressing the nation, talking about claiming that the election gave him a mandate on taxing the rich. this is how it was reported in this morning's "new york daily news." they write "president obama claimed an election mandate to make the rich pay more in taxes, saying it is the will of the american people, making his first public appearance since his victory. obama said he would open talks with republicans next week on how to prevent painful tax hikes and budget cuts set to automatically take place effective january 1." we want to find out from you, your thoughts on the president's statement claiming that the election gave him the mandate or gives him a mandate on taxing the rich, agree or disagree. we've divided the phones in a little bit of a different manner this morning. 202-585-3880 for those making ove
the tea party and the future of the republican party. welcome to the "washington journal." guest: thanks for having me. i'm happy to be here. host: we've got an article here from the "christian science monitor" with the headline, "will the tea party compromise"" he writes, tea partiers may be more amenable to an agreement on tax revenues now that the electorate has signaled it doesn't especially like what the tea party has been up to. he goes on to say, if there's a mandate in yesterday's results, said speaker john boehner on yesterday, it's a mandate to find a way for us to work together. republicans, he said, are willing to accept new revenue under the right conditions to get a bipartisan agreement over the budget. your thoughts about what robert reich had to say and what the speaker is saying. guest: well, you know, i think that we need to find some common ground. obviously we're facing this fiscal cliff, so we have to find some common ground. everybody's talking about revenue, nobody's talking about cutting. that's really what we need to be focusing on, because you can tax people int
analysis with a white house reporter of "the washington post," and "bloomberg news." "washington journal"is next. ♪ host: what will a recollected administration do with a returning gop majority? what was the message of the election. leaders of both parties give us their take on that yesterday. we want to turn to all of you. your vote, your message to washington. we began with the front page of ."sa today, this is what richard wolf writes. the two sites listed no time sticking out their positions on the potential crisis that is 54 days away. this is what the two leaders had to say yesterday. we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a republican
. this is "your money." the elections are over. the american people have spoken. now it's time for washington to get to work. >> you elected us to focus on your jobs, not ours. >> that's because nothing is more important to our economic recovery than creating jobs. president obama says he'll add 12 million jobs over the next four years. but for his math to work, the pace of economic growth needs to pick up. with a crisis in europe and a slowdown in asia, an economic storm beyond our control stands ready to batter our shores. still, two years of consistent job growth prove we are heading in the right direction, but the fiscal cliff is one storm that will be of our own making unless washington acts. $7 trillion in across-the-board tax hikes and spending cuts over the next decade mandated to begin in january. it's the legislative equivalent of a slow motion train wreck that washington can avoid. the question? will congress and the president drive that train over a cliff? >> we won't solve the problem of our fiscal imbalance overnight. >> the elections are over. the threats to our economy are not
this big this fast? bill kristol is influential with republicans in washington. i'm stunned with what i'm hearing? >> i almost fell out of my chair when boehner said revenues. the idea of increasing revenues. that's a central argument that we have been having over the last four years, and the very expensive i told you so i guess. if we're going to get to this problem, we have to deal with revenues, we can't just do it all on the spending side. >> jonathan capehart, there is bill kristol teaching republicans how to talk about this. but it does involve a word for word refutation of what they said in the past, that higher rates will kill the economy. there is bill kristol pointing out how we've done perfectly fine under higher rates in the past. >> what he's trying to get through to republicans, particularly the new class that came in in 2010, okay, you campaigned on all of these promises, but now it's time to govern and things have come to a standstill in washington over the last two years, and now with the fiscal cliff or fiscal curve coming, and the president being re-elected with more
we will be joined by zachary goldfarb. our guests will also include alex gilb. "washington journal" is next. host: good morning and welcome to the washington journal. makers are in washington for the remaining weeks of the lame-duck session. the president is taking his ideas on the road to meet with the public. the white house says toy manufacturer is would be hard hit. republicans are planning meetings with small business owners across the country to force the president to back down on raising taxes on the wealthy. former florida governor jeb bush is gathering policy experts and dedication leader's fourth annual education summit. we covered yesterday's events pick. that's where we begin. mr. bush says the unions are barriers to better schools. how would you fix your school system? we want to get your take on it. also, send us a tweet, post your comments on facebook, or send us an e-mail. we begin with the "washington times headline" -- we want to show you what the former florida governor had to say at yesterday's event. [video clip] >> we need to have a teacher evaluation system
, the politics and policy in the games being played by both sides in washington dc, we will be joined by richard shelby, the ranking republican of the banking committee. he joins us. congressman devin nunes, chairman of the ways and means committee to tell us what kind of effor it will take and who will be blamed for failure to stop these tax hikes and trillion dollar budget cuts. bradley graham is among our guests tonight. here are the details on exctly what secretary geithner has proposed on behalf of the presidento avoid the fiscal cliff. according to the republicans in that meeting, the offer includes $1.6 trillion in new revenue. that is higher taxes, raising tax rates, and taxes on investment income. at least $50 million in new stimul spending in the next fiscal year alone. mind you, of course, the repubcans looking for spending ts as an offset to their agreement to raise taxes. the only spending cuts in the plan come from cutting medicare and other programs by 400 billion over the coming decade. timothy geithner also requesting the equivant of a permanent increase in the national debt lim
a title on a bill in washington that says jobs bill, you have to read the bill. those bills in particular were rejected in a bipartisan manner, and that means democrats and republicans recognize that by taking for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the best answer is to come and put the money in the communities. i went down there today and he did not say, thank you for coming. please take this money and bring it back to washington. he said, go back to washington and tell them they need a reality check. we are tired of the overspending and the taxing and taking more money out of the economy. there are real challenges here. i used to live here. i worked and i lived over there. i understand. many businesses are hurting right now. regulatory tax uncertainty is the biggest challenge they have. >> tomorrow will be the one- year anniversary of senator brown's first vote against 22,000 jobs here in massachusetts. i hope everybody who knows someone who is unemployed, every business who would like
. >> and in washington, msnbc and "time" senior political analyst, mark halperin. thanks so much, everybody, for being with us. >> morning. >> a very provocative, according to "the wall street journal," proposal that tim geithner brought over to the republican leaders yesterday. >> how'd that go? >> "the new york times" said it was, quote, loaded with democratic priorities and short on spending cuts. i'm just curious, it didn't go well. obviously, mitch mcconnell laughed at the offer, which i would have laughed at the offer, too. >> you would have laughed out loud at the treasury secretary? making a presentation? >> you know what i actually would have said? >> what? >> listen, we're all busy people. this is a critical time. if you're going to come over here and insult us and intentionally try to provoke us, you can do that. but i'm going back to work now. and i'd walk out. listen, this thing, $1.6 trillion of revenue, of new taxes, no specific cuts according to "the new york times" and "wall street journal." actually, $50 billion more in stimulus spending and no specific spending cuts. it was a nonsta
the pundits are saying in washington but what people back home are thinking about the future and what this election means. so jim, you're going to get the last word. >> thank you. in terms of consensus, i do agree with, i guess stan also the immigration is something there will be some forward progress on. i also agree with stan on the health insurance issue is probably some of plato. i was struck when the shootings happened in aurora, colorado, over the summer, that is exactly the demographic of people who don't have health insurance, young working-class kind of people. and the hospitals all said of course we will pay for all their bills and stuff. we will find the money from somewhere through some mechanism, come may. we always have. entrance a prediction, again i'm a little bit and -- i met with the doctor this money at an age. there's a congressman named rob andrews is a democrat of new jersey, 11 terms, a fairly secret guy, democratic conference, who had an article in "the wall street journal" inception in what she calls for an effort on medicine. he said specifically we should be
another fight in washington. >> there are really two issues there. >> a revenue side, yes. >> where is that revenue going to come from? >> increasing tax rates is going to harm economic growth. >> warren buffett was out this morning talking about tacking the wealthy. >> time to make the tax rates more progressive. >> that's just silly. >> grover norquist, he wanted ground government in the bathtub. i hope he slips in there with it. >> medicaid, social security. >> this is not part of the conversation. we're not going to raid social security. just another fight in washington. >> there's going to be blood and hair and eyeballs all over the floor. >> i'm more positive than most. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height. >>> thelma and louise might need to make room in the car for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the c
's play "hardball." >>> good evening i'm chris matthews in washington. let me start with this war in washington. say what you will about the election we just had. this one's hotter, nastier, more personal. one side says it's about character, about whether a close confederate of the president told the truth, the whole truth as she knew it when she went on national television and said the death of a u.s. ambassador was a spontaneous reaction to an anti-muslim video, some trouble-making clown made out in california. ignoring john mccain and his ail argue evidence it was an organized act of terrorism. not so says the president. his u.n. ambassador and close friend simply told the truth as she was permitted to tell it, what the cia gave her to say and no more. for that he charges susan rice, in the words of the new york post, being fried. political fight fans on the tabloids relish this extreme combat what should be a good person's judgment? that's my question tonight. is susan rice now a surrogate for the president, someone to take the punishment when others above her pay grade should
to change washington solely from the inside. that is what the president has always believed, that we need the american people to keep pushing on washington and their leaders. you just cannot transfer this. people are not going to spend hours away from their families and their jobs contributing financially when it is are for them to do it unless they believe in the candidate. all of this, the door knocks, the contributions made, the phone calls made, or because these people believed in barack obama. for candidates who want to try and build a grass-roots campaign, it's not going to happen because there is a list are because you have the best technology. they have to build up the kind of emotional appeal so people are willing to go out there and spend their time and resources and provide their talents because they believe in someone and what they are offering. we are hopeful that many people that helped us this time will end up running for office themselves, are leading nonprofit, or playing enormously valuable roles in their community. again, i think the only reason all this happened on the
me now, cnbc washington reporter eamon javers. you heard the numbers we just ran down. what is the short-term tangible consequence if we don't get action on the fiscal cliff. >> cote is right, it does cause uncertainly. life is uncertain and so they know that there's going to be this issue and that washington is going to wrestle with it. in the short term, the very short term, i think actually some of the hype around the fiscal cliff is a little overblown, particularly because the first couple of days or week or so after we go over the fiscal cliff we won't see all that many impacts. all these tax and spending impacts take months to go into effect. it doesn't impact the economy until people start paying taxes, which could be several months down the line for most americans. on the spending side as well, spending is built into the cake so again you'd be looking at stuff that would be impacting the out months. for the first couple of months, no real specific impact. the big thing to worry about is whether wall street freaks out or not about the fact that we've gone over the fis
making unless washington acts. $7 trillion in across the board tax hikes and spending cuts over the next decade mandated to begin in january. it's the legislative equivalent of a slow motion train wreck that washington can avoid. the question, will congress and the president drive that train over a cliff? >> we won't solve the problem of our fiscal imbalance overnight. >> the elections are over. the threats to our economy are not. time to get to work. and there is lots of work to be done. starts with averting the disaster of our own making. i repeat that. the fiscal cliff. we've got it covered frommive angle. christine romans is host of "your bottom line," richard quest of "quest means business," david walker spent a decade oversaeg the federal government, how it spends your tax dollars as the u.s. comptroller general. today he's the ceo of come back america. he's an unapologetic deficit hawk. mohammed al arian is the ceo of pim he could. his firm is the largest investors in bonds. and stephen moore is the founder of the low tax advocacy group club for growth. i'm going to start
the brunt of this battle and they should not defend taxpayers but the spending interests in washington, strikes me as odd. the effort by some to get entitlement reform, the democrats have said heck no and harry reid has said it ain't happening, and they ought to look at that, rather than trying to raise taxes to pay for obama's bigger government. >>neil: do you hear it is spreading? we have chatted about this before. you were open when we chatted in washington, to talk about the cliff cliff, to not equateing bringing in causes or tax loopholes and the like and closing them off, your point was as long as it leads eventually to revamping of the tax code, but this goes beyond that, they have no quid pro quo and they are offering this, you argue, what? >>guest: well, there are two ways you can damage the economy. one is to increase marginal tax rates, everyone knows the small business groups, it would kill 700,000 jobs off the bat, probably worse. the other thing is to eliminate $1 trillion, not talking about a few deductions, but talking about $1 trillion worth of deductions and credits w
have to take this at face value. there are so few real surprises that we find anymore in washington in the lives of public officials. this certainly ranks among them. all day long ang dre ya mitchell who first broke the story, there was indication that something was up with general petraeus. you would get speculation about benghazi. and then came that statement from general petraeus that you just read saying that he had an extramarital affair and he had tendered his resignation. it turns out that happened yesterday here at the white house. he came to visit the president. he offered his resignation. he told the president why. the president called him back "today" and accepted that resignation and elevating now mike morell, a career cia officer as interim head and let the speculation begin on what's going to be happening there and where it fits in the con sell laying of all these famous names moving about the cabinet at the outset of the second term. >> given the fact that the president met with the general yesterday, is there some suggestion or any suggestion that the president may h
people here in washington are calling the fiscal cliff. today, we have new proof that people across the country not only are aware of what's going on, they're very, very worried. our new poll shows 68% say the country will face either a crisis or major problems if the cuts in taxes aren't avoided. and a whopping 77% say their personal financial situation will be affected by a failure to solve the fiscal cliff problem. despite this nationwide sense of urgency, there's only a little talk of compromise right now as lawmakers return to washington. our congressional correspondent, kate bolduan, has been working her sources on capitol hill and what's going on. stakes are enormous right now. what's going on? >> they were away for a week. staff was supposed to be working. but lawmakers are arriving back in town with no real whisper of an imminent breakthrough at the moment to avoid this looming series of tax increases and spending cuts that could very well damage the economy. but the air of compromise among some notable republicans is definitely grabbing attention. the republicans' comments
in washington. the president's fiscal cliff campaign. live pictures of the white house are president obama will meet today with 15 small business owners. the first of a series of meetings this week as the administration puts the pressure on congress to make a deal. the "washington post" reporting the talks are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senato
hike. america's now at the mercy of washington, hoping that both sides can end the fighting and make a deal. anti-tax champion grover norquist last night told me he's keeping republicans to the no tax increase pledge they made decades ago. but should his party back away from that promise? joining me in his first interview since the election, reince priebus, chairman of the republican national committee. welcome back, mr. priebus. how are you? >> doing great, piers. how are you? >> you have been keeping your head below the paraput since the shellacking you guys took in the election. what is your reaction to the pretty poor defeat? >> well, i think that we got to look at everything that we're doing. i think that's what we have to do. i don't think you can draw any quick conclusions other than the fact that we lost and we know that. but i think in order to get back in the game, you've got to look at and do a full autopsy of what happened, what we did well, what we didn't do well, what we can do better in the next year with two governors' races coming up and two years later, then four ye
things done in washington -- supporters are gathering now -- to bring america to the white house and in so doing, basically get the american people to ratify the change that the president would like to see happen on capitol hill. >> yeah. this is one of the lessons he's learned from the obama care battle where he had no outside game. he basically told the left and all the folks who had supported him during the 2008 campaign, sit down, we've got this, we're going to do it through rahm emanuel, legislative wheeling and dealing. that didn't work so great. the other side flooded the capitol with people carrying guns so now he's mobilizing his base to try to get this done. >> and let us hear him mobilize that base. the president speaking at the white house. >> thank you so much. thank you, everybody. please have a seat. thank you. thank you very much. everybody, please have a seat. except you guys. don't sit down. well, good morning, everybody. >> good morning. >> you know, there's been a lot of talk here in washington about the deadlines we're facing on taxes and deficits. these dead
washington can avoid the fiscal cliff. some of the senators in the center of the debate will be stopping by. we may hear from some ceos this hour. we do expect to hear from some of them at a press conference later this hour. the president, by the way, weighed in on the debate this morning as well. sue, a busy day down here in washington. >> it sure is, ty. indeed it is here as well. we are going to be joined by a very special guest, noted author and investor nassem taleb. after dropping more than 100 points in the early going, the dow sittingality the highs of the day. it's been an extremely volatile trading session, we're up just about 80 points or so. bob pisani joins me from the floor of the nyse. bob, they're parsing every word coming out of capitol hill and house speaker boehner giving a boost to the markets a bit ago. >> he did. he is a little more optimistic. but we're being blown around by the headlines. look at what happened. in the last two days on headlines coming out of the congress, first yesterday senator majority leader reid said there was little progress being made on the fi
republicans too often come to washington saying, it is assess 3508, but after a -- cesspool and after a couple of years they say it a hot tub. but it is not going to work we've seen with budget summit after budget summit, whatever you give more revenue to government, they wind up increasing spending not on mention there are usually -- and they never get as much revenue as they think they will get, so we will dig ourselves deeper into a hole if we wind up letting government get bigger by feeds the beast with more taxes. neil: thank you all very much this is an alarming development post-turkey days, some republicans maybe acting like turkeys. this is cyber monday, a lot of you, if you were working buying stuff, you were not alone, 1.5 billion in cyber related sales if there is a scare on part of justaf ran average joe d grow an and this fiscal cliff, have a funny way of showing it today. neil: all right, tell the truth, a lot of you were shopping at work today, cyber monday. but no deal in washington on this fiscal cliff. if you were there, how would you get a deal done, you can tweet us, we'll
between washington progress and real progress. americans say they want real progress and real give-and-take to get there. listen to this. 72% in our brand-new cnn/orc poll say they want president obama to compromise with republicans on taxes and spending. an identical 72% want republicans to do the same, compromise with the other side. as for what compromise should entail, 67% favor a mix of spending cuts and tax increases. that's what they say real progress would look like. keeping them honest, real progress is one thing. washington progress is another. so far at least we see much more of the second than the first, and we're getting late new word that any progress might be stalled. more on that shortly. first, a good example of washington progress. republican lawmakers standing up in a limited way to a beltway power broker named grovier norquist over the 1980s era pledge he pressures them to sign promising not to raise any taxes ever. >> i'm not obligated on the pledge. i made tennesseans aware. i was just elected. the only thing i'm honoring is the oath i take when i serve when i
is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional leadership and president obama meet since november 16th. now there were staff discussions over the thanksgiving holiday. they don't seem to be as productive as some people had hoped, as you said, we are now 35 days until the fiscal cliff. what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you bel
" and we are back again at on fox business network, lawmakers in washington are pushing if tax hikes and we are going to be if california at highest tax state in the nation to see what the tax hikes might do with a lot of special guests and if you notice they changed the sign too. italian americans unite. >> talk of a gasoline tax hike that has steve moore say washington is adding fuel to the fire but i heard it and i thought it could not be so but there is a real chance. >> i wish i were the chip magnet that you are. >>neil: it is a burden to carry but i try. >>guest: they are talking about a gas tax throwing out automatic sorts of revenue proposal and i listened to your interview with rand paul they are looking under any rock rather than looking if ways to cut spending. >>neil: that is what worries me. you have written brilliantly about this. i know they lost an election but did republicans also lose their backbone? >>guest: they have gone into the fetal position. i am worried. they did lose the election but they still hold the house of representatives and i don't think the american peopl
as washington becomes obsessed with this set of issues. the elections have consequences. at c.a.p., we have argued that the issues that are really framing the fiscal debate and fiscal cliff were ones that were litigated in the election context. the president did not have one set of conversations before november and a second set now. there was a thread going through the debate that the country was having and that thread was around having a balanced plan to address america's fiscal challenges. there are serious fiscal challenges that we do need long term -- deficit reduction -- that is important to america's credibility. it is important for america's economy and economic growth. that plan has to be balanced, and that means significant revenues and that paying has to go around. that means the wealthy and well- off have to pay their fair share as well. these should not be new issues. they are ones that were debated. they came up in every debate -- even the foreign policy debate. the american people are on the side of the president and democrats who are making this case. that is not to say that
and that country's reaction to the reelection of president obama. "washington journal" next. host: good morning. live coverage of the president's remarks at arlington national cemetery. it was on this date in 1918 that hostilities ended in world war i. on this november 11, the country remembers those who lost their lives and paid the ultimate price varied at arlington national cemetery and other cemeteries around the country. for congress, it is a back to work week for the start of the lame-duck session including the ongoing debate over the fiscal cliff. grover norquist on the tax pledge will be one of the topics. we want to focus on whether you think the tax pledge is still relevant. give us a call. you can also join the conversation on our twitter page or send us an e-mail. let's begin with a look at some of the headlines. we are beginning with the front page of "the new york times." andpolitico has this story -- grover norquist is optimistic about the party being as strong as ever. he carries around copies of a map showing republican dominance all over the country. he insists the party is we
to show you how this clipper will bring bipartisanship to washington. >>> hello, again. you just saw one small step for bipartisanship, is there more to come in washington? congress is back to work this week. top priority, a deal to block those automatic spending cuts and tax increases now set for january 1st, and some smart money is starting to bet that the president and congress will find a way to avoid that fiscal cliff. stocks up this week in anticipation of a deal with the dow clocking five straight of gains. and black friday consumer spending was down as well. now let's bring in t number one senator dick durbin and top republican lindsey graham. senator, welcome in. senator, let me begin with you. you see those markets going up in anticipation of a deal, are they right to be optimistic? >> they should be optimistic because we can solve this problem. unfortunately, for the last ten days with the house and congress gone for the thanksgiving recess, much progress hasn't been made, but tomorrow there's no excuse. we're back in down. george, we're back to basic. the house of representat
-- host: welcome to "washington journal." of the senate host: an increase in payroll taxes and the scheduled spending cuts across the board. a couple republicans yesterday signaled they could be flexible on the anti-tax pledge that they signed if it gets them closer to a deal with the white house. what is your reaction? here are the numbers to call. you can also find us online. send us a tweet or join us on facebook. you can also e-mail us. here's "usa today" looking at what happened on the sunday talk shows. it says -- the south carolina senator became the second republican senator in recent days to back away from a no tax pledge devised in the decades ago. the willingness to break ranks could prove crucial as gop leaders and democrats try to reach a deal before taxing and spending changes take effect in january. new york representative king says economic conditions have changed since the anti-tax pledge first emerged. he's a republican. that thee gop's say fiscal cliff deal is what defined grover norquist. let's hear congressman pete king of new york, a republican. he was
mitchell live in washington. congress is back. grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the speaker does have to b negotiating a deal. >> i did a spit take with my fruity pebbles watching "morning joe" because eric cantor's tone was unlike anything i've ever heard. his office is saying oh, no, he's against raising marginal rates, but it's clear that in the scheme of things, the biggest piece is does john boehner have enough running room to strike a deal involving some new revenue. i still am of the belief that the vote in the house, which will be a cliff hanger no matter what happens amongst the leaders in the white house, it will be a tough vote. i think it will
pledges and instead are now claiming the grover norquist is the real problem in washington d.c. fox digital politics center is here with us tonight as is the daily caller stalker carlson. egyptian leader declaring new powers for himself, claiming he won't be just another dictator. just a week ago praised by the obama administration for brokering a ceasefire in gaza, and now the white house is silent on the more -- coupe. middle east expert professor hoover institute senior fellow "wall street journal" as columnist among our guests here tonight. we begin with the president's broad based strategy to conduct our right class warfare against the republican party on the issue of taxes and the fiscal cliff. the white house today released a report from the council of economic advisers. that report claims that if republican lawmakers don't accept the president's fiscal proposals they would be responsible for destroying christmas for the nation's retail sector. the national retail federation is forecasting that holiday sales will grow. if congress does not act on the president's plan to exten
veterans remembrance ceremony. >> as washington likes are against this grover norquist. they are noted for the anti-tax plans. our panel of journalists, steven sloan from politico and russell berman from "the hill" >> thank you for being here. i want to talk about your interpretation of the election and what it means for the direction of tax policy. >> we had a split decision appeared the president won by two points. he won by 7.2 years ago against a war hero. he and 9 million fewer votes. he is a lame duck now. he said he was interested in raising taxes a year from now on anyone. his physician from four years ago was that they would not raise taxes on anyone. he was very clear and no taxes if you made less than $250,000. this year august 8, he started with a new framework. my plan is that i will not raise taxes on anyone who earns less than $250,000 a year. his only promising -- he is only promising not to raise income taxes. this is not include energy taxes. is only promising to protect income taxes for one year. at the end of the year, he has promised the middle-clas
as a result. catherine herridge live in washington with more of the details for us. >> thank you, good morning. in this two page letter the ranking republican on the senate judiciary meeting is demanding a meeting no later than next wednesday into the investigation into david petraeus. given the numerous press reports on this matter including information alleged to be provided by government sources i request a detailed briefing to discuss this matter and provide concrete facts surrounding his resignation and the department apartments involve the. the letter from grassley breaks down the request into ten gat tore reese. whether the affair with his biographer was detected or missed by the fbi in their background check for the cia job as well as any illegal thoerts that showed the f.b.i. and other departments were not required to notify the president. >> it looks like koeupbgs interested in a pretty wide ranging investigation. senator grassley's question cover a very wide scope from the beginning of the investigation, throughout it up until its conclusion. it seems to me they want to get to the w
segment of the "washington journal." you can also contact us via social media and email. you can make a comment on our facebook page, and finally send us a tweet. here is the hill newspaper from this morning. g.o.p. forget tax rates in talks on the deficit, let's look at the spending. the speaker's swift rejection of an idea floated by representative tom cole of oklahoma, a respected party strategist and former chair of the house g.o.p. campaign committee came as the republicans voiced increasing concerns over the debate of the so-called fiscal cliff. boehner said it's time for them to get serious about the spending problem that our country has. republicans complain that for all the talk of coming up with a balanced budget plan, he has made little effort to identify specific proposals beyond increasing taxes on the wealthy. "the white house has not produced any of the balance in the president's described balance proposal that peter roscoe, the house g.o.p.'s deputy whip. boehner and the other house republican leaders will meet on thursday with treasury sec tir tim geitner and the whit
tells "the washington post" they were confident in victory but admit they were surprised how quickly the race he was called for the president. we're learning more about the president's re-election strategy. in the new yorker the biggest decision was to spend 20% of the total budget on a summer television advertising blitz attacking romney. the idea was to define rom nil early while he was recovering from the primary. with the celebration over, it's certainly back to work at the white house. topping the agenda, how the administration plans to work with a divided congress to vide the looming fiscal cliff. kristen welker joins me. the president has a trip planned already to myanmar on that trip agenda. what else do we know about this? >> reporter: tamron, this is big news. the white house announcing that president obama will visit myanmar in just about ten days. this, of course, comes after secretary of state hillary clinton visited several months ago. the united states has been working with this country in its transition to democracy. president obama expected to meet with the president
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